Management Change3 Oct 2026, 03:40 pm
CFO Resigns, President Finance to be Designated CFO
AI Summary
CMR Green Technologies Ltd announced that Mr. Yugal Kishor Garg has resigned as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective October 23, 2026, due to personal commitments. The company proposes to designate Mr. Satish Kumar Kaushik, currently President Finance, as the new CFO and KMP, subject to Board approval in November 2026. Mr. Kaushik, an MBA in Finance with nearly 25 years of experience, is well-versed in corporate finance, fundraising, and strategic planning.
Key Highlights
- CFO Yugal Kishor Garg resigns effective October 23, 2026.
- Resignation is due to personal commitments and priorities.
- Satish Kumar Kaushik proposed as new CFO and KMP.
- Appointment subject to Board approval in November 2026.
- Kaushik brings 25 years of finance leadership experience.
Price Impact
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